Barclays £175 switch offer - new customers only, Nov 1 - 30 2023

PRAISETHESUN

ChocolateWombat said:

I’ve just opened a Barclays acc in the app.  I have also requested a switch from my TSB.  It says it will complete on 16th. I have also opened the Blue light thing.  All good.

When do I need to have paid £800 in by please?  Is there an advantage of doing it today (same day as opening acc) or there any merit in waiting to set up a SO for £800 each month?

And how do I know which type of CO has been opened?  I don’t recall being offered a choice of different types.  The App just refers to my current account.

Many thanks.

Oh and following on from reading this thread, I went back into my TSB acc and closed the linked savings acc, so that shouldn’t be a barrier to the acc switching, which someone referred to upthread.

Anything else that those of you who are further along the process found to be traps, steps to take to make things smoother etc?

Many thank

Deposit needs to be made by the end of the month. See the comments above about the timing.

You should have been told during the application what type of account, but I suspect it'll be a standard one. Mine's called "The Barclays Bank A/C" in the app. You'd probably know if you got given a basic or premier account instead! Otherwise you can check your welcome letters which should be available in the app too.

anna42hmr

PRAISETHESUN said:

Nasqueron said:

SVts said:

MikeJXE said:

Ah ha the the £800 is to qualify for the blue rewards not part of the £175 incentive conditions 

So no need to sign up for Blue Rewards? 

You need to sign up for blue rewards to get the bonus for switching.

Blue rewards charges £5 a month, this is refunded to you if you pay in £800 and have 2 DD taken each month, so you can join, get the £175, pay the £5 and then cancel blue rewards (so net £170 profit) or pay in/out the £800 and get the extra £5 back. As rewards is taken on the second working day of the month, it'll be difficult to get the switch bonus without paying that £5 but it's easy to get it credited back. Hope that helps

In addition to paying in £800, you would also need 2x DD payments to be taken from your Barclays before the end of Nov in order to get the £5 reward credit this month. Bit of a tight one, but not impossible. But £170 net profit is still very nice either way.

yeah it is a bit tight, but i am thinking of moving an account with plum and money box on them for the DDs as once set up you can apparently have weekly or monthly dd's claimed as part of their round ups/regular deposits, as looks like they may set them up sooner.  can see plum on my sacrificial account that i am using for switchers so just waiting on money box, and my see if they claim of the old account and then apply for the switch to Barclays.  

boingy

Today I successfully transferred out £1 as a test transfer. It took 4 hours to reach the target account. It's going to take weeks to transfer out the other £799... 

pedrodelgado

PRAISETHESUN said:

pedrodelgado said:

ChocolateWombat said:

I’ve just opened a Barclays acc in the app.  I have also requested a switch from my TSB.  It says it will complete on 16th. I have also opened the Blue light thing.  All good.

When do I need to have paid £800 in by please?  Is there an advantage of doing it today (same day as opening acc) or there any merit in waiting to set up a SO for £800 each month?

And how do I know which type of CO has been opened?  I don’t recall being offered a choice of different types.  The App just refers to my current account.

Many thanks.

Oh and following on from reading this thread, I went back into my TSB acc and closed the linked savings acc, so that shouldn’t be a barrier to the acc switching, which someone referred to upthread.

Anything else that those of you who are further along the process found to be traps, steps to take to make things smoother etc?

Many thank

Hi, I've opened account for myself and the Mrs did one, this morning. Can't get the blue rewards activated, just keeping giving me error code 001 . Am I missing something? Got the switches sorted (TSB too like you). 

See some discussion on this from over the weekend, in particular the workaround described by @FFHillbilly. https://forums.moneysavingexpert.com/discussion/6482594/barclays-175-switch-offer-new-customers-only-nov-1-30-2023/p10

Seems to be issues with the Android version of the app - you should be able to back out of the UD001 error message by clicking the back button on your phone instead of clicking OK on the error message, and from there navigate yourself through the menus to set up Blue Rewards

Sorted. Thanks 👍

Saltrams

friolento said:

Saltrams said:

The Blue Rewards cashback offer looks a bit naff for most people as there is only a very limited list of retailers which pay cashback. It's good, however, for the limited time 5% offer, from which you can make a tenner a month in November and December if you can spend £200 with your debit card on genuine purchases. So another max £20 possible.

How can one see the list of retailers please? I can’t find the link 🙄
The companies on it are really the deal breaker for me as otherwise the slog of the hoop-jumping just isn’t worth it.

Once you have signed up for the Cashback Rewards (in addition to Blue Rewards), you can see the current list of retailers. 

Not an entirely transparent policy by Barclays methinks!

Thanks for your reply  :

friolento

Saltrams said:

friolento said:

Saltrams said:

The Blue Rewards cashback offer looks a bit naff for most people as there is only a very limited list of retailers which pay cashback. It's good, however, for the limited time 5% offer, from which you can make a tenner a month in November and December if you can spend £200 with your debit card on genuine purchases. So another max £20 possible.

How can one see the list of retailers please? I can’t find the link 🙄
The companies on it are really the deal breaker for me as otherwise the slog of the hoop-jumping just isn’t worth it.

Once you have signed up for the Cashback Rewards (in addition to Blue Rewards), you can see the current list of retailers. 

Not an entirely transparent policy by Barclays methinks!

Thanks for your reply  :

I think it is totally transparent. The offers might be tailored to yourself, as they are at other banks, e.g. Halifax and Lloyds. As soon as you have registered your interest, you can see your offers. Some of them, such as the 5% Barclays cashback promo, might be available to all subscribers. Others might be tailored to your account.

tel_

I'm beginning to think this is more to do with a glitch in their IT system somewhere, or a glitch with my account.

I was going to try the process using my andriod tablet, but the app isn't compatible with my tablet (not sure why, it's not even 2 years old).

Unfortunately, I don't have access to an Apple device to try that avenue either.

Definitely looks like I'm going to miss out on this one 

miller

tel_ said:

I'm beginning to think this is more to do with a glitch in their IT system somewhere, or a glitch with my account.

They've got plenty of glitches! When opening the account I had to restart the app a couple of times. Can't remember the error I got for that I've seen so many throughout this process. Maybe they tested their iPhone app a bit better.

MikeJXE

tel_ said:

I'm beginning to think this is more to do with a glitch in their IT system somewhere, or a glitch with my account.

I was going to try the process using my andriod tablet, but the app isn't compatible with my tablet (not sure why, it's not even 2 years old).

Unfortunately, I don't have access to an Apple device to try that avenue either.

Definitely looks like I'm going to miss out on this one 

I first tried on the iPad app but gave up and moved to my iPhone and it became simple 

boingy

Maybe we're all part of some social experiment or a new TV reality programme.
"We asked 100 people to complete a simple banking task. Here is how they got on...."